Are You Too Scared to Invest?

By

Ellen E. Schultz

Feb. 22, 2013 6:15 p.m. ET

Millions of investors moved their retirement funds into money-market funds and other havens during the financial crisis. Sitting on the sidelines caused them to miss the stock market's huge rally since then.

They now face some difficult decisions.

Most people—if they hope to maintain their standard of living in their old age—know their...